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|a UAMI
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|a Foster, John Bellamy,
|e author.
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1 |
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|a The great financial crisis :
|b causes and consequences /
|c John Bellamy Foster and Fred Magdoff.
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|a New York :
|b Monthly Review Press,
|c ©2009.
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|a 1 online resource (160 pages)
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|a text
|b txt
|2 rdacontent
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|a Includes bibliographical references (pages 141-156) and index.
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|a Introduction -- The household debt bubble -- The explosion of debt and speculation -- Monopoly-finance capital -- The financialization of capitalism -- The financialization of capital and the crisis.
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|a In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, manyincluding economists and financial expertswere shocked by the speed at which events unfolded. In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalismone that has been gestating for several decades. It is the "real" productive economy? tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading.
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|a Print version record.
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|3 Use copy
|f Restrictions unspecified
|2 star
|5 MiAaHDL
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2011.
|5 MiAaHDL
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|a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
|u http://purl.oclc.org/DLF/benchrepro0212
|5 MiAaHDL
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583 |
1 |
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|a digitized
|c 2011
|h HathiTrust Digital Library
|l committed to preserve
|2 pda
|5 MiAaHDL
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|a JSTOR
|b Books at JSTOR Demand Driven Acquisitions (DDA)
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|a JSTOR
|b Books at JSTOR All Purchased
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|a Global Financial Crisis, 2008-2009.
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|a Financial crises.
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|a Debt.
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|a Monopolies.
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|a Capitalism.
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|a Crise financière mondiale, 2008-2009.
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|a Dettes.
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|a Monopoles.
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|a monopolies.
|2 aat
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|a BUSINESS & ECONOMICS
|x Economic History.
|2 bisacsh
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|a Capitalism
|2 fast
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|a Debt
|2 fast
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|a Financial crises
|2 fast
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|a Monopolies
|2 fast
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|a Finanzkrise
|2 gnd
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|a Global Financial Crisis
|d (2008-2009)
|2 fast
|0 (OCoLC)fst01755654
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648 |
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|a 2008-2009
|2 fast
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700 |
1 |
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|a Magdoff, Fred,
|d 1942-
|e author.
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776 |
0 |
8 |
|i Print version:
|a Foster, John Bellamy.
|t Great financial crisis.
|d New York : Monthly Review Press, ©2009
|z 9781583671849
|w (DLC) 2008044449
|w (OCoLC)270230550
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856 |
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|u https://jstor.uam.elogim.com/stable/10.2307/j.ctt1657t2c
|z Texto completo
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